REDWOOD CITY & LOS ANGELES, CA - March 16, 2004 - Leading videogame publisher Konami Digital Entertainment - America (KDEA), a division of Konami Digital Entertainment, Inc., and Vivendi Universal Games, Inc. (VU Games) today announced an exclusive distribution agreement in which VU Games will distribute Konami's widespread roster of PC games in the United States and Canada. The publishing and marketing efforts for the games covered by the agreement will continue to be performed by KDEA's Redwood City, CA office.

"VU Games' strong distribution network will help us reach a larger audience of PC gamers," said Geoff Mulligan, Chief Operating Officer, KDEA. "Combining VU Games' unmatched PC distribution capabilities and Konami's extensive library of hit PC titles, including Winning Eleven 7(tm), Silent Hill® 3, and Teenage Mutant Ninja Turtles(tm), we're well positioned to deliver compelling, fun and unique titles that cater to gamers of all ages."

Scheduled for launch in Spring 2004, Konami's critically acclaimed soccer game World Soccer Winning Eleven 7 International(tm) will be the first title under the new agreement. Other Konami franchises distributed by VU Games include: Winning Eleven 7(tm), Frogger's Adventures: The Rescue(tm), Apocalyptica(tm), and Yu-Gi-Oh!(tm) Power of Chaos(tm): Kaiba The Revenge.

"Konami has some of the most established brands in the games industry, and we anticipate a strong reception for their PC titles," said Luc Vanhal, President and COO, North America for VU Games. "We are looking forward to kicking off a successful partnership with the release of World Soccer Winning Eleven 7 International."

For more information on Konami Digital Entertainment - America, please visit: http://www.konami.com/usa

About KONAMI CORPORATION

Konami Corporation is a leading developer, publisher and manufacturer of electronic entertainment properties, specializing in the home video game market. Konami Corporation's action and adventure titles include the popular franchises Metal Gear Solid®, Silent Hill® and Castlevania®, among other top sellers. The latest information about Konami can be found on the Web at www.konami.com. Konami Corporation is a publicly traded company based in Tokyo, Japan with subsidiary offices, Konami Digital Entertainment, Inc. in the US and Konami of Europe in Frankfurt, Germany. Konami Corporation, the parent company of Konami Digital Entertainment, Inc. is traded in the United States on the New York Stock Exchange under the ticker symbol KNM. Details of the products published by Konami Digital Entertainment - America can be found at www.konami.com/usa.

About Vivendi Universal Games

Headquartered in Los Angeles, Vivendi Universal Games (www.vugames.com) is a global leader in multi-platform interactive entertainment. The company develops, publishes and distributes interactive products across all major platforms including PCs, video game consoles and the Internet. Vivendi Universal Games' portfolio of development studios and publishing labels includes Blizzard Entertainment, Coktel, Fox Interactive, Massive Entertainment, Knowledge Adventure and Sierra Entertainment. Additionally, Vivendi Universal Games co-publishes and/or distributes titles for a number of strategic partners, including Interplay, inXile entertainment, Majesco and Mythic Entertainment, among others.